Common use of No Waiver of Lien Priorities Clause in Contracts

No Waiver of Lien Priorities. (a) No right of the First-Lien Creditors, the First-Lien Collateral Agent or any of them to enforce any provision of this Agreement or any First-Lien Document shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Borrower or any other Grantor or by any act or failure to act by any First-Lien Creditor or the First-Lien Collateral Agent, or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement, any of the First-Lien Documents or any of the Second-Lien Notes Documents, regardless of any knowledge thereof which the First-Lien Collateral Agent or the First-Lien Creditors, or any of them, may have or be otherwise charged with.

Appears in 3 contracts

Samples: Intercreditor Agreement (Trico Marine Services Inc), Intercreditor Agreement (Trico Marine Services Inc), Intercreditor Agreement (Trico Marine Services Inc)

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No Waiver of Lien Priorities. (a) No right of the First-Lien CreditorsSecured Parties, the First-Lien Collateral Agent or any of them to enforce any provision of this Agreement or any First-Lien Document shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of any of the Borrower or any other Grantor or by any act or failure to act by any First-Lien Creditor Secured Party or the First-Lien Collateral Agent, or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement, any of the First-Lien Documents or any of the Second-Lien Notes Loan Documents, regardless of any knowledge thereof which the First-Lien Collateral Agent or the First-Lien CreditorsSecured Parties, or any of them, may have or be otherwise charged with.

Appears in 3 contracts

Samples: Credit Agreement (GSE Holding, Inc.), Credit Agreement (GSE Holding, Inc.), Intercreditor Agreement (GSE Holding, Inc.)

No Waiver of Lien Priorities. (a) No right of the First-Lien Creditors, the U.S. First-Lien Collateral Agent or any of them to enforce any provision of this Agreement or any First-Lien Document shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of Holdings, the Parent Borrower or any other Grantor or by any act or failure to act by any First-Lien Creditor or the U.S. First-Lien Collateral Agent, or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement, any of the First-Lien Documents or any of the Second-Lien Notes Loan Documents, regardless of any knowledge thereof which the U.S. First-Lien Collateral Agent or the other First-Lien Creditors, or any of them, may have or be otherwise charged with.

Appears in 3 contracts

Samples: Term Loan Credit Agreement (RSC Holdings Inc.), The Credit Agreement (RSC Holdings Inc.), Intercreditor Agreement (RSC Holdings Inc.)

No Waiver of Lien Priorities. (a) No right of the First-Lien Creditors, the First-Lien Collateral Agent or any of them to enforce any provision of this Agreement or any First-Lien Document shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of Holdings, the Borrower or any other Grantor or by any act or failure to act by any First-Lien Creditor or the First-Lien Collateral Agent, or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement, any of the First-Lien Documents or any of the Second-Lien Notes Credit Documents, regardless of any knowledge thereof which the First-Lien Collateral Agent or the First-Lien Creditors, or any of them, may have or be otherwise charged with.

Appears in 2 contracts

Samples: Credit Agreement (Nuveen Investments Inc), Intercreditor Agreement (Nuveen Investments Holdings, Inc.)

No Waiver of Lien Priorities. (a) No right of the First-First Lien CreditorsSecured Parties, the First-First Lien Collateral Administrative Agent or any of them to enforce any provision of this Agreement or Agreement, any First-First Lien Loan Document shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the any Borrower or any other Grantor or by any act or failure to act by any First-First Lien Creditor Secured Party or the First-First Lien Collateral Administrative Agent, or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement, any of the First-First Lien Loan Documents or any of the Second-Second Lien Notes Loan Documents, regardless of any knowledge thereof which the First-any First Lien Collateral Agent or the First-Secured Party, any First Lien CreditorsAdministrative Agent, or any of them, may have or be otherwise charged with.

Appears in 2 contracts

Samples: Credit Agreement (PGA Holdings, Inc.), Credit Agreement (PGA Holdings, Inc.)

No Waiver of Lien Priorities. (a) No right of the First-Lien Creditors, the First-Lien Collateral Agent or any of them to enforce any provision of this Agreement or any First-Lien Document shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of Holdings, the Borrower or any other Grantor or by any act or failure to act by any First-Lien Creditor or the First-Lien Collateral Agent, or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement, any of the First-Lien Documents or any of the Second-Lien Notes Note Documents, regardless of any knowledge thereof which the First-Lien Collateral Agent or the First-Lien Creditors, or any of them, may have or be otherwise charged with.

Appears in 2 contracts

Samples: Credit Agreement (Paperweight Development Corp), Intercreditor Agreement (Appvion, Inc.)

No Waiver of Lien Priorities. (a) No right of the First-First Lien CreditorsClaimholders, the First-First Lien Collateral Agent or any of them to enforce any provision of this Agreement or any First-First Lien Loan Document shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the U.S. Borrower or any other Grantor or by any act or failure to act by any First-First Lien Creditor Claimholder or the First-First Lien Collateral Agent, or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement, any of the First-First Lien Loan Documents or any of the Second-Second Lien Notes Loan Documents, regardless of any knowledge thereof which the First-First Lien Collateral Agent or the First-First Lien CreditorsClaimholders, or any of them, may have or be otherwise charged with.

Appears in 2 contracts

Samples: Counterpart Agreement (Arizona Chemical Ltd.), Counterpart Agreement (Arizona Chemical Ltd.)

No Waiver of Lien Priorities. (a) No right of the First-Lien Creditors, the First-Lien Collateral Agent or any of them to enforce any provision of this Agreement or any First-Lien Document shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Borrower or any other Grantor or by any act or failure to act by any First-Lien Creditor or the First-Lien Collateral Agent, or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement, any of the First-Lien Documents or any of the Second-Lien Subordinated Notes Documents, regardless of any knowledge thereof which the First-Lien Collateral Agent or the First-Lien Creditors, or any of them, may have or be otherwise charged with.

Appears in 2 contracts

Samples: Intercreditor Agreement (CMP Susquehanna Radio Holdings Corp.), Intercreditor Agreement (CMP Susquehanna Radio Holdings Corp.)

No Waiver of Lien Priorities. (a) No right of any First Lien Secured Party or the First-First Lien Creditors, the First-Lien Collateral Administrative Agent or any of them to enforce any provision of this Agreement or any First-First Lien Loan Document shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Borrower or any other Grantor or by any act or failure to act by any First-First Lien Creditor Secured Party or the First-First Lien Collateral Administrative Agent, or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement, any of the First-First Lien Loan Documents, any of the Second Lien Note Documents or any of the Second-Additional Parity Lien Notes Facility Documents, regardless of any knowledge thereof which the First-any First Lien Collateral Agent or the First-Lien Creditors, or any of them, Secured Parties may have or be otherwise charged with.

Appears in 1 contract

Samples: Intercreditor Agreement (Mohegan Tribal Gaming Authority)

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No Waiver of Lien Priorities. (a) No right of the First-First Lien CreditorsClaimholders, the First-Control Agent, the First Lien Collateral Agent or any of them to enforce any provision of this Agreement or any First-First Lien Loan Document shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the any Borrower or any other Grantor or by any act or failure to act by any First-First Lien Creditor Claimholder or the First-First Lien Collateral Agent, or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement, any of the First-First Lien Loan Documents or any of the Second-Second Lien Notes Loan Documents, regardless of any knowledge thereof which the First-First Lien Collateral Agent or the First-First Lien CreditorsClaimholders, or any of them, may have or be otherwise charged with.

Appears in 1 contract

Samples: Intercreditor Agreement (Prospect Medical Holdings Inc)

No Waiver of Lien Priorities. (a) No right of the First-First Lien CreditorsSecured Parties, the First-First Lien Collateral Agent or any of them to enforce any provision of this Agreement or any First-First Lien Loan Document shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Borrower or any other Grantor or by any act or failure to act by any First-First Lien Creditor Secured Party or the First-First Lien Collateral Agent, or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement, any of the First-First Lien Loan Documents or any of the Second-Second Lien Notes Loan Documents, regardless of any knowledge thereof which the First-First Lien Collateral Agent or the First-First Lien CreditorsSecured Parties, or any of them, may have or be otherwise charged with.

Appears in 1 contract

Samples: Intercreditor Agreement (Uranium Resources Inc /De/)

No Waiver of Lien Priorities. (a) No right of the First-Lien Creditors, the First-Lien Collateral Agent or any of them to enforce any provision of this Agreement or any First-Lien Document shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Borrower or any other Grantor or by any act or failure to act by any First-Lien Creditor or the First-Lien Collateral Agent, or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement, any of the First-Lien Documents or any of the Second-Lien Notes Note Documents, regardless of any knowledge thereof which the First-Lien Collateral Agent or the First-Lien Creditors, or any of them, may have or be otherwise charged with.

Appears in 1 contract

Samples: Intercreditor Agreement (Exide Technologies)

No Waiver of Lien Priorities. (a) No right of the First-First Lien CreditorsSecured Parties, the First-First Lien Collateral Agent or any of them to enforce any provision of this Agreement or any First-First Lien Loan Document shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Borrower or any other Grantor or by any act or failure to act by any First-First Lien Creditor Secured Party or the First-First Lien Collateral Agent, or by any noncompliance by any Person person with the terms, provisions and covenants of this Agreement, any of the First-First Lien Loan Documents or any of the Second-Second Lien Notes Loan Documents, regardless of any knowledge thereof which the First-First Lien Collateral Agent or the First-other First Lien CreditorsSecured Parties, or any of them, may have or be otherwise charged with.

Appears in 1 contract

Samples: Intercreditor Agreement (Atp Oil & Gas Corp)

No Waiver of Lien Priorities. (a) No right of the First-First Lien CreditorsSecured Parties, the First-First Lien Collateral Agent or any of them to enforce any provision of this Agreement or any First-First Lien Loan Document shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Borrower Company or any other Grantor or by any act or failure to act by any First-First Lien Creditor Secured Party or the First-First Lien Collateral Agent, or by any Terremark — Intercreditor Agreement noncompliance by any Person with the terms, provisions and covenants of this Agreement, any of the First-First Lien Loan Documents or any of the Second-Second Lien Notes Loan Documents, regardless of any knowledge thereof which the First-First Lien Collateral Agent or the First-First Lien CreditorsSecured Parties, or any of them, may have or be otherwise charged with.;

Appears in 1 contract

Samples: Intercreditor Agreement (Terremark Worldwide Inc)

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